Category
Category: Personal Finances
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What You Need to Know About the Equifax Data Breach
Posted on September 20, 2017
Categories: Cyber Security, Personal Finances
Are you concerned about the Equifax breach? See the FAQs below to learn more about the breach and how to protect yourself.
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5 Strategies to Shrink Debt
Posted on September 13, 2017
Categories: Budgeting, Personal Finances
Minimizing your debt can always seem like a mountain of to-do lists. With various recurring payments, differing interest rates, and due dates that never seem to end, if you feel overwhelmed, you’re not alone.
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How to Create Better Habits
Posted on August 15, 2017
Categories: Budgeting, Personal Finances
If you’re like us, starting a new diet, or working to exercise more often is more difficult than we initially planned. The same is true with many financial goals you may have. Saving for retirement, eliminating credit card debt, increasing your credit score; these are all things that take time and dedication to complete, but sometimes it’s hard to stay on track.
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The Best Advice from Today’s Entrepreneurs
Posted on August 8, 2017
Categories: Budgeting, Community, Personal Finances
Sometimes finding the perfect idea for a new business can be easier said than done. Often you start by asking yourself a series of questions. Where is there a need? What can be created more efficiently? How can I solve a recurring problem? These are all great prompts to help you when looking for a concept your new business. To help inspire your next venture, Fairfax State Savings Bank would like to share some of our favorite quotes and advice from several of today’s most influential...
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The DO’s and DON’TS of Using Credit Cards
Posted on August 2, 2017
Categories: Personal Finances, Savings
Using a credit card is a great stepping stone to help boost your personal credit history. By proactively managing your ongoing finances, you can showcase to potential lenders that you know how to fulfill your repayment promises. What many people don’t know, is that simply having a credit card does not automatically indicate an increase in your credit score. To help you succeed with your credit, Fairfax State Savings Bank has put together our most commonly asked do’s and...
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Apply for a Mortgage Online!
Posted on July 19, 2017
Categories: Mortgages, Online Services, Personal Finances
Who knew applying for a mortgage was now as easy as 1-2-3? With Fairfax State Savings Bank’s new online application, taking the first step toward your new home has next been simpler. All you have to do is follow these three steps, and you’ll know whether you’ve been approved quicker than ever before.
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The Argument for a Monthly Money Meeting
Posted on June 14, 2017
Categories: Budgeting, Personal Finances, Savings
Whether you’re recently married, or you’re approaching your 30th anniversary, you know that money can be a topic of controversy among couples and families. Even in the most perfect relationships hardships happen, and decisions have to be made. At Fairfax State Savings Bank, we think there is a helpful and long term tool that can help you have less conflict and more compromises while contemplating both goals and solutions. The answer is relatively simple, talk it out, however, the...
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How to Save $1,000,000 for Retirement
Posted on June 7, 2017
Categories: Personal Finances, Retirement, Savings
Retirement, 401(k), stocks and bonds, the subject matter of saving for the long term isn’t often as appealing as saving for the short term. Perhaps that’s why nearly three-quarters of Americans are underestimating how much they’ll need for retirement. The United States is on the brink, if not already in, a retirement crisis. However, at Fairfax State Savings Bank we believe retirement saving can still be easily accomplished, there are just a few steps to get started:
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Why Checking Your Credit Score Matters
Posted on May 31, 2017
Categories: Financial Education, Personal Finances
Across television ads, online banners, and even chit-chat among relatives, the phrase, “Check your credit score,” seems to be popping up everywhere. If something so important needs constant reminders, why does it have such a key importance in your personal finances? Well, the truth is that it doesn’t, your financial actions do.
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Who Says You Can’t Make a Snowball in the Spring?
Posted on May 24, 2017
Categories: Budgeting, Financial Education, Personal Finances, Savings
While the weather can be as predictable as the Powerball, one thing that you can always count on through the seasons is your ability to snowball anytime you want. However, before you start creating snowmen out of ice shavings, let’s first cover what a snowball is. Typically in financial terms, snowballing is an action in which you structure your debt payment to decrease the overall time and cost associated with any accounts payable you have.